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Otool incorporated is considering using stocks of an old raw matenial in a special project. The special project would require all 170 kilogramas of the

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Otool incorporated is considering using stocks of an old raw matenial in a special project. The special project would require all 170 kilogramas of the raw material that are in stock and that originally cost the company 52.436 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $7 per kilogram. However, the compony hos no other use for this raw material and would sell it at the discounted price of $6.20 per kilogram if it were not used in the special project. The sale of the taw material would imvolve delivery to the purchaser at a lotal cost of $65 for all 170 kilograms. What is the relevant cost of the 170 kilograms of the raw material when deciding whether to proceed with the special project

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